What the Nvidia news means for your portfolio
From Joe DeLisi Financial · 7:04
Show by Joe DeLisi
Nvidia's CEO made headlines over the weekend, and by Monday morning the stock was sliding. Joe's first question to his clients is simple: "Do you own Nvidia? Yeah, you do."So what does that do to their portfolios? Joe answers it, then uses the news to explain something he comes back to again and again: why he doesn't buy individual stocks for anyone. He walks through his T chart, everything the public can know about a company on one side, and takes on a client who thought he'd found a way around it. Couldn't an AI bot find all that information and act on it before anybody else?Joe's answer starts with five words: "It's only one side of the ledger."It's a short one, recorded the morning the news broke. And it ends where Joe always ends: "The point of your portfolio... is to fully fund your financial plan."For a quick assessment of your current financial life go to:Livingbalancesheet.com/lbsvision/lite/joedelisi At the end of the assessment you can request a meeting with me to review the results.joedelisi.com
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